3 Millwright Close, Banbury, OX16 0RU is a leasehold flat built between 1950-1966. The property offers approximately 753 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £246,053 , which equates to approximately £327 per square foot. It was last sold on 12 Apr 2002 for £112,000. Since then, the value has increased by £134,053, representing a 119.7% increase, or approximately 5.0% per year.

The current estimated value of £246,053 is:

  • 21.4% lower than the average property price on Millwright Close
  • 16.4% lower than the average in the OX16 0RU postcode area
  • and 27.5% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 25 November 2021, the property was recorded as owner-occupied.

View sold house prices in OX16 0RU

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
753 sq ft
Tenure
Leasehold
Price (estimate)
£246,053
Price Per sq ft (estimate)
£327
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 Millwright Close, Banbury, Cherwell, Oxfordshire, OX16 0RU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Nov 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Apr 2011. The rating of D is unchanged, though the energy efficiency score decreased by 3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from sandstone, as built, partial insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 91% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 91% of fixed outlets
Very Good

Compared to OX16 0RU

16 th / 17
Price Rank
16% lower than average
5 th / 14
Size Rank
6% bigger than average
13 th / 14
Price Per Sq FT Rank
21% lower than average

Compared to other properties in OX16 0RU , this flat's estimated value ranks 16th out of 17. Based on price per square foot, it ranks 13th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 14 properties in its postcode area.

Sale History

Today
£246,053
streetscan.co.uk estimate
+120 %
12 Apr 2002
£112,000
Leasehold
+21.7 %
20 Apr 2000
£92,000
Leasehold
+34.3 %
18 Aug 1998
£68,500
Leasehold

Area Insights

Nearby Properties

4 Millwright Close, Banbury, OX16 0RU
rooms: 4
size: 818 sq ft
sale price: £232,500
sale date: 15 Jul 2020
2 Millwright Close, Banbury, OX16 0RU
rooms: 2
size: 398 sq ft
sale price: £112,950
sale date: 14 Oct 2005
1 Millwright Close, Banbury, OX16 0RU
rooms: 3
size: 592 sq ft
sale price: £160,000
sale date: 9 Feb 2011
5 Millwright Close, Banbury, OX16 0RU
rooms: 3
size: 893 sq ft
sale price: £127,000
sale date: 2 Sep 2002
6 Millwright Close, Banbury, OX16 0RU
rooms: 3
size: 721 sq ft
sale price: £247,500
sale date: 18 Nov 2015

Data Sources

The property at 3 Millwright Close, Banbury, OX16 0RU appears three times in the Land Registry records, with the latest transaction recorded on 12 Apr 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Nov 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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